PhonePe, an Indian payments application, has netted yet another $100m in funding as it continues its path to raising $1bn in funding.

Fivecast, an open-source intelligence software firm, has closed its Series A funding round and has raised $20m.

Canopius, a global specialty (re)insurer, has partnered with managing general agent Falvey Insurance Group (FIG) to offer inland marine coverage in the US.

UK-based open banking provider Ecospend has joined PIMFA WealthTech, the digital marketplace and industry network to boost collaboration and innovation within wealth management.

CAT Labs, a startup building forensic and cybersecurity tools to fight crypto-enabled crime, has bagged $4.3m in its pre-seed round.

New York-based independent prime broker Clear Street has been valued at $2bn following the close of a $270m investment from growth equity firm Prysm Capital.

Pricemoov, a firm that powers intelligent pricing decisions, has raised $10m in a Series A headed by ISAI and Bpifrance Digital Venture.

Xilva, a platform for investments in regenerative forests, has recently raised $1.8m in a pre-seed funding round.

Gauntlet, a crypto-native financial risk management solutions provider, has launched a new research division and received a grant from the Uniswap Foundation.

SaaS financial industry platform Fivvy has received support from Globant Ventures, which includes a planned $4m investment over a two-year period.